§ 1084. Agreements of the state. The state of New York does pledge to\nand agree with the holders of the bonds that the state will not limit or\nalter the rights hereby vested in the authority to acquire, construct,\nmaintain, operate, reconstruct and improve the properties, to establish\nand collect the revenues, rates, rentals, fees and other charges\nreferred to in this title and to fulfill the terms of any agreements\nmade with the holders of the bonds, or in any way impair the rights and\nremedies of the bondholders, until the bonds, together with interest\nthereon, interest on any unpaid installments of interest, and all costs\nand expenses in connection with any action or proceeding by or on behalf\nof the bondholders, are fully met and discharged.\n
‹ Prev All New York sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.